Jorge Celaya - 22 Dec 2023 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
CFO
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
22 Dec 2023
Transactions value $
$0
Form type
4
Filing time
22 Dec 2023, 16:40:42 UTC
Previous filing
07 Dec 2023
Next filing
04 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LQDT Common Stock 44,415 22 Dec 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LQDT Stock Option Grant Award $0 +21,640 $0 21,640 22 Dec 2023 Common Stock 21,640 $17.31 Direct F5
transaction LQDT Stock Option Grant Award $0 +21,640 $0 21,640 22 Dec 2023 Common Stock 21,640 $17.31 Direct F16
holding LQDT Stock Option Grant 3,802 22 Dec 2023 Common Stock 3,802 $6.11 Direct F1
holding LQDT Stock Option Grant 29,387 22 Dec 2023 Common Stock 29,387 $6.69 Direct F2
holding LQDT Stock Option Grant 55,050 22 Dec 2023 Common Stock 55,050 $9.46 Direct F3
holding LQDT Stock Option Grant 55,050 22 Dec 2023 Common Stock 55,050 $9.46 Direct F4
holding LQDT Stock Option Grant 16,640 22 Dec 2023 Common Stock 16,640 $14 Direct F5
holding LQDT Stock Option Grant 16,640 22 Dec 2023 Common Stock 16,640 $14 Direct F6
holding LQDT Stock Option Grant 7,740 22 Dec 2023 Common Stock 7,740 $22.2 Direct F7
holding LQDT Stock Option Grant 7,740 22 Dec 2023 Common Stock 7,740 $22.2 Direct F4
holding LQDT Restricted Stock Unit Grant 4,975 22 Dec 2023 Common Stock 4,975 Direct F8, F9
holding LQDT Restricted Stock Unit Grant 20,710 22 Dec 2023 Common Stock 20,710 Direct F8, F10
holding LQDT Restricted Stock Unit Grant 20,710 22 Dec 2023 Common Stock 20,710 Direct F8, F11
holding LQDT Restricted Stock Unit Grant 6,540 22 Dec 2023 Common Stock 6,540 Direct F8, F12
holding LQDT Restricted Stock Unit Grant 8,720 22 Dec 2023 Common Stock 8,720 Direct F8, F13
holding LQDT Restricted Stock Unit Grant 5,662 22 Dec 2023 Common Stock 5,662 Direct F8, F14
holding LQDT Restricted Stock Unit Grant 26,775 22 Dec 2023 Common Stock 26,775 Direct F8, F15
holding LQDT Restricted Stock Unit Grant 26,775 22 Dec 2023 Common Stock 26,775 Direct F8, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 15/48th of this option grant vested on January 1, 2020 and thereafter, an additional 1/48th vests each month for thirty-three months.
F2 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months.
F3 Twenty-five percent of this restricted stock unit grant vested on January 1, 2021 and thereafter, an additional 1/4th vests on each of January 1, 2022, January 1, 2023 and January 1, 2024.
F4 This option becomes exercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
F5 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F6 12/48th will vest on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F7 12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F8 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F9 Twenty-five percent of this restricted stock unit grant vested on January 1, 2022 and thereafter, an additional 1/4th will vest on each of January 1, 2023, January 1, 2024 and January 1, 2025.
F10 These restricted stock units were granted on December 23, 2022 and will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F11 These restricted stock units were granted on December 23, 2022. Twenty-five percent will vest on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
F12 Twenty-five percent of this restricted stock unit grant vested on January 1, 2023 and thereafter, an additional 1/4th will vest on each of January 1, 2024, January 1, 2025 and January 1,2026.
F13 These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
F14 Twenty-five percent of this restricted stock unit grant vested on January 1, 2021 and thereafter, an additional 1/4th vests on each of January 1, 2022, January 1, 2023 and January 1, 2024.
F15 Twenty-five percent of this restricted stock unit grant will vest on January 1, 2025 and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028.
F16 12/48th will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.